Jay Bee Laminations Balance Sheet Health
Financial Health criteria checks 5/6
Jay Bee Laminations has a total shareholder equity of ₹628.1M and total debt of ₹241.6M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are ₹1.3B and ₹681.0M respectively. Jay Bee Laminations's EBIT is ₹314.4M making its interest coverage ratio 6.1. It has cash and short-term investments of ₹57.2M.
Key information
38.5%
Debt to equity ratio
₹241.62m
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹57.19m |
| Equity | ₹628.14m |
| Total liabilities | ₹680.99m |
| Total assets | ₹1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAYBEE's short term assets (₹1.2B) exceed its short term liabilities (₹631.0M).
Long Term Liabilities: JAYBEE's short term assets (₹1.2B) exceed its long term liabilities (₹50.0M).
Debt to Equity History and Analysis
Debt Level: JAYBEE's net debt to equity ratio (29.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JAYBEE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JAYBEE's debt is well covered by operating cash flow (65.3%).
Interest Coverage: JAYBEE's interest payments on its debt are well covered by EBIT (6.1x coverage).